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Global/international equity funds

Delaware Investments was founded in 1929 at the start of the Great Depression and has evolved into a world-class asset management firm in the 21st century.

We are committed to the pursuit of consistently superior asset management across a wide range of asset classes. We strongly believe in our investment processes, the consistent results we seek to deliver, and the value we can add for our clients.

Significant fund event

*Effective Nov. 30, 2016, the investment strategies for Delaware Focus Global Growth Fund changed and the Fund was repositioned as an international small-cap fund. In connection with the repositioning, the Fund's name changed to Delaware International Small Cap Fund. In addition the Global Ex-U.S. Equity team of Delaware Management Company replaced the Fund’s sub-advisor, Jackson Square Partners, LLC. These changes may result in higher portfolio turnover in the near future. For more complete information, please request a prospectus by calling 800 523-1918 or visiting delawareinvestments.com/literature.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds' prospectuses and their summary prospectuses, which may be obtained by visiting the fund literature page or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

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Delaware Investments, a member of Macquarie Group, refers to Delaware Management Holdings, Inc. and its subsidiaries, including the Funds’ investment manager, Delaware Management Company (DMC), and the Funds’ distributor, Delaware Distributors, L.P. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. DMC, a series of Delaware Management Business Trust, is a U.S. registered investment advisor.

Any Macquarie Group entity noted on this page is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and that entity's obligations do not represent deposits or other liabilities of Macquarie Bank Limited (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

Delaware Investments, a member of Macquarie Group, refers to Delaware Management Holdings, Inc. and its subsidiaries, including the Funds' investment manager, Delaware Management Company (DMC), and the Funds' distributor, Delaware Distributors, L.P. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. DMC, a series of Delaware Management Business Trust, is a U.S. registered investment advisor.